News: Brokerage

Thor Equities acquires retail space at 41-43 Greene St. in SoHo

Thor Equities, a global leader in urban real estate development, leasing and management, has added the retail space at 41-43 Greene St. in SoHo to its New York City portfolio, according to company executives. The property spans more than 3,500 s/f on the ground floor, and over 30 fit. of Greene St. storefront, in the center of one of the borough's most exclusive and trendy neighborhoods. "SoHo continues to dominate the luxury retail market and shows no signs of slowing down, drawing swaths of innovative designers and an endless supply of chic, upscale clientele," said Joseph Sitt, CEO of Thor Equities. "Top brands from around the world are always on the lookout for unique, dynamic locations in New York City, and demand for space on Greene St. is particularly strong." Home to world-class dining, entertainment, and some of the world's best known designers including Isabel Marant, Louis Vuitton and Stella McCartney, Greene St. offers maximum exposure in an unparalleled location. 41-43 Greene St. is situated in a retail and residential cooperative and features beautiful cast-iron style architecture, providing an ideal location for a luxury retailer to make a bold statement and expand its footprint in one of New York's busiest neighborhoods. Thor Equities adds 41-43 Greene St. to its long list of Greene St. properties and other extensive holdings in SoHo.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,